StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

The cost price of article A is Rs. $x+150$ and the cost price of article B is Rs. $x-150$. Article A is sold at a loss of 20% and article B is sold at a profit of 25%. If the selling price of article B is Rs. 750 more than that of article A, find the cost price of B.

  1. Rs. 2500
  2. Rs. 2200
  3. Rs. 1850
  4. Rs. 2750

Correct answer: Rs. 2200

Solution

Let the cost prices be $x+150$ and $x-150$. Then SP of A = $0.8(x+150)$ and SP of B = $1.25(x-150)$. Given SP of B is 750 more than SP of A, solving gives $x=2350$, so CP of B = $2350-150=2200$.

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